First Bank in city_name, state_name - Detailed Financial Reports, Location

First Bank in Wadley, Alabama (AL)
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First Bank - Overview

General
FDIC Certificate #: 1744
Status: Active
Federal Reserve ID: 291330
Bank Holding Company (Regulatory Top Holder): Peoples Independent Bancshares, Inc. (RSSDID: 1918755, Location: Boaz, AL)
Date Established: November 06, 1907
WWW: http://www.fbonline.biz
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
FDIC's unique #: 1156
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: Febuary 24, 2011
Last Structure Change Process Date: Febuary 24, 2011
Last Data Update: Febuary 24, 2011
Data Source Date: April 05, 2012
Location
Address: 312 Main Street, Wadley, AL 36276
County: Randolph
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Shelby
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $67.5 mil
Equity capital: $6.6 mil
Deposits held in domestic offices: $60.8 mil
Return on assets (ROA): 0.70% ($0.5 mil)
Quarterly return on assets: 0.86% ($0.6 mil)
Return on Equity (ROE): 7.24% ($0.5 mil)
Quarterly return on equity: 8.73% ($0.6 mil)
Net income: $0.5 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.71% ($479.4 mil)
Quarterly Pretax return on assets: 0.78% ($526.6 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
25Total employees (full-time equivalent)
$67,519Total assets
$7,541Cash and due from depository institutions
$0Interest-bearing balances
$28,512Securities
$3,843Federal funds sold & reverse repurchase agreements
$24,496Net loans & leases
$286Loan loss allowance
$0Trading account assets
$803Bank premises and fixed assets
$626Other real estate owned
$0Goodwill and other intangibles
$67,518Life insurance assets
$1,698All other assets
$60,945Total liabilities and capital
$60,793Total liabilities
$49,981Total deposits
$60,793Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$152Subordinated debt
$6,573All other liabilities
$6,573Total equity capital
$6,573Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$1,656Surplus
$4,916Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,015Income earned, not collected on loans
$0Earning assets
$348Long-term assets (5+ years)
$56,851Average Assets, year-to-date
$22,088Average Assets, quarterly
$66,826Volatile liabilities
$66,836Insider loans
$35,953FHLB advances
$66,900Loans and leases held for sale
$1,000Unused loan commitments
$1,000Tier 1 (core) risk-based capital
$6,876Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,636Restructured Loans and leases
$291Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,241Total interest income
$600Total interest expense
$2,641Net interest income
$411Provision for loan and lease losses
$554Total noninterest income
$0Fiduciary activities
$394Service charges on deposit accounts
$0Trading account gains & fees
$160Additional noninterest income
$2,228Total noninterest expense
$1,078Salaries and employee benefits
$268Premises and equipment expense
$882Additional noninterest expense
$556Pre-tax net operating income
-$79Securities gains (losses)
$9Applicable income taxes
$468Income before extraordinary items
$0Extraordinary gains - net
$468Net income attributable to bank
$0Net charge-offs
$468Cash dividends
$428Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.79%Yield on earning assets
1.07%Cost of funding earning assets
4.72%Net interest margin
0.99%Noninterest income to earning assets
3.98%Noninterest expense to earning assets
0.82%Net operating income to assets
0.70%Return on assets (ROA)
0.71%Pretax return on assets
7.24%Return on equity (ROE)
7.24%Retained earnings to average equity (YTD only)
1.61%Net charge-offs to loans
96.03%Credit loss provision to net charge-offs
2.26%Efficiency ratio
69,734Assets per employee
2.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.15%Loss allowance to noncurrent loans
28.18%Noncurrent assets plus other real estate owned to assets
2.43%Noncurrent loans to loans
4.10%Net loans and leases to deposits
40.29%Net loans and leases to core deposits
42.06%Equity capital to assets
9.74%Core capital (leverage) ratio
10.28%Tier 1 risk-based capital ratio
19.12%Total risk-based capital ratio
Memoranda
$20Average assets
$66,826Average earning assets
$6,468Average equity
$56,004Average loans

List of branches

5 Alabama Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1156	First Bank	312 Main Street, Wadley, AL 36276	November 06, 1907	Full Service Brick and Mortar
1	190060	Roanoke Branch	109 Main Street, Roanoke, AL 36274	August 31, 1982	Full Service Brick and Mortar
2	190061	Rockford Branch	205 Main Street, Rockford, AL 35136	November 02, 1992	Full Service Brick and Mortar
3	442357	First Bank Branch	8569 Us Highway 431, Heflin, AL 36264	January 03, 2005	Full Service Brick and Mortar
4	480333	Goodwater Branch	105 North Main Street, Goodwater, AL 35072	July 08, 2008	Full Service Brick and Mortar

First Bank in Wadley, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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First Bank in Wadley, Alabama (AL)Overview, Financial Summary, Detailed Financial Reports, Branches

First Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Bank in Wadley, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches